Three ESE supportive priorities

Federal Omnibus Appropriations Bill – Fiscal Year 2022

Our Vision
- Our VisionAn economy that works. for everyone.
- Who We BackWe partner with social entrepreneurs to amplify the success of their businesses and the people they employ.
- How We Do ItWe help our enterprises grow further, faster through a combination of capital, capacity building, and community support.
- ImpactOur partnership accelerates the growth and impact of the enterprises we back.
- InsightsWe evaluate what works and share our learnings to spark action for policy and systems change.
Our Work
- Our WorkWe invest in businesses that reveal and reinforce the talent of people breaking through barriers to employment.
- AcceleratorA five-month cohort-based learning experience for leaders of early-stage enterprises to springboard growth.
- Growth PortfolioA multi-year investment in growth-stage employment social enterprises to help them scale sustainably.
- Impact InvestingFlexible loan capital for employment social entrepreneurs whose lived expertise is their collateral.
- Gov. Partnerships & PolicyAdvocacy and public sector partnerships to advance the field.
- CommunityCurated space and resources to help our social enterprise partners connect, grow, and lead.
- WorkshopREDFworkshop is an open, free virtual capacity building toolbox to help you build, grow, and sustain high-impact employment social enterprises.
Investments
About
- AboutWe envision a thriving and inclusive society where all people have the jobs and the support they need to realize their full potential.
- Mission & CultureIt’s not just what we do, it’s how we do it that matters.
- Our PeopleWe’re a motley crew of leaders and learners dedicated to building an economy that works. For everyone.
- CareersKnowing your work is improving lives is not the only benefit of the job. View opportunities to join our team.
- Farber FellowshipGrad students bring cutting-edge skills and passion to help employment social enterprises reach their full potential.
- SupportersOur generous funders and individual donors make this work possible.
- HistorySince 1997, REDF has been using business as a force for good.
- FinancialsREDF achieves the highest levels of accountability and transparency.
News

The final appropriations package included REDF priorities:

Reentry Employment Opportunities (REO) — The agreement provides $102M for the REO program at the Department of Labor. Of this amount, $25M is set aside for competitive grants to national and regional intermediaries for activities that prepare for employment young adults with criminal legal histories, young adults who have been justice system-involved, or young adults who have dropped out of school or other educational programs, with a priority for projects serving high-crime, high-poverty areas. FY21 level was $100M.
Community-Based Violence Intervention and Prevention Initiative (CVIPl) — The agreement provides $50M for a grant program that supports communities in developing comprehensive, evidence-based violence intervention and prevention programs, including efforts to address gang and gun violence, based on partnerships between community residents, law enforcement, local government agencies, and other community stakeholders. A new program – no funding in FY21.
DOL ETA – $9.8B for the Employment and Training Administration, an increase of $412M above the FY21 enacted level. Within this amount, the bill includes $2.9B for Workforce Innovation and Opportunity Act State Grants, an increase of $34M above the FY21 enacted level.